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Assam's world-famous tea gardens are deadly for pregnant women

Assam's world-famous tea gardens are deadly for pregnant women

“Mothers are now able to reach us even during the monsoon,” said Arundhati Das, 52, pointing at the asphalt road outside a one-room government health sub-centre in Bhojkhowa village. The centre serves a population of 10,000 in Assam’s flood-prone Sonitpur district and Das has been in charge of it since 2001. There is a bed in one corner, and a baby weighing scale on top of it.

Sensex snaps 3-day winning run; Yes Bank tumbles over 3 pc

Sensex snaps 3-day winning run; Yes Bank tumbles over 3 pc

The BSE Sensex snapped its three-day rising streak to end 194 points lower on Wednesday, pressured by losses in banking and auto stocks amid a broad sell-off in overseas markets.

Investors were also cautious ahead of the release of inflation and factory output numbers, traders said.

PNB fraud case: UK High Court denies bail to Nirav Modi, to stay in jail

PNB fraud case: UK High Court denies bail to Nirav Modi, to stay in jail

The UK High Court on Wednesday denied bail to diamond merchant Nirav Modi, who is fighting his extradition from Britain to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.

Judge Ingrid Simler at the Royal Courts of Justice said that there are substantial grounds to believe that Modi will fail to surrender. Moreover, the judge felt that there could be interference with the witnesses and obstruction of justice.

Paytm mulls investing Rs 250 cr to expand Paytm QR in tier IV and V towns

Paytm mulls investing Rs 250 cr to expand Paytm QR in tier IV and V towns

Digital payments major Paytm Wednesday said it will invest Rs 250 crore this year for the expansion of Paytm QR in tier IV and V towns.

"With this investment, Paytm expects to reach more than 20 million merchants across India by the end of this fiscal," it said in a statement.

L&T's open offer price at Rs 980/share fair: Mindtree independent directors

L&T's open offer price at Rs 980/share fair: Mindtree independent directors

Independent Directors' panel of Mindtree has said that Larsen and Toubro's open offer price at Rs 980/share appears "fair and reasonable".

The committee cited the closing market price of Mindtree shares on the stock exchanges on June 10, being "lower than the offer price" and said that L&T's offer price of Rs 980 a share is in accordance with the regulations and "appears to be fair and reasonable".

Indian Oil issues tender for lease of LNG storage tank in Chennai

Indian Oil issues tender for lease of LNG storage tank in Chennai

Indian Oil Corp has issued a tender for short-term commercial lease of its liquefied natural gas (LNG) storage tank at Ennore terminal near Chennai, according to a notice posted on the company website.

The company is seeking bids for the short-term lease for LNG unloading, storage and reloading services at the 5 million-tonnes-per-annum (mtpa) import facility which was commissioned earlier this year.

ITC to manage hotels, expand in South Asia

ITC to manage hotels, expand in South Asia

Kolkata: Kolkata-headquartered diversified conglomerate ITC Ltd has drawn up a capex of Rs 20,000 crore in multiple projects in multiple sectors across the country. Of this as much as Rs 5700 crore is being invested in various projects in West Bengal. The entire amount will be invested over the next few years, ITC Chairman Sanjiv Puri said in Kolkata on Tuesday.

Yes Bank, ZipCash face RBI fine for violating PPI norms

Yes Bank, ZipCash face RBI fine for violating PPI norms

The Reserve Bank of India said Tuesday that it has imposed a penalty on two prepaid payment instrument (PPI) issuers Yes Bank and ZipCash Card Services for non-compliance with regulatory norms.

A penalty of ₹11.25 lakh each has been imposed on the two PPI issuers, according to an RBI release.

Microsoft XCloud game service to offer free streaming to phones

Microsoft XCloud game service to offer free streaming to phones

SAN FRANCISCO: Microsoft Corp. said a new service that will let users play video games from their Xbox consoles on their smartphones will be offered for free.

The service, which will be rolled out starting in October, is one part of the company’s new xCloud game-streaming strategy.

Amazon to shut restaurant delivery service in US

Amazon to shut restaurant delivery service in US

Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services.

"A small fraction of Amazon employees are affected by this decision, and many of those affected have already found new roles at Amazon," the company said in a statement. "Employees will be offered personalized support to find a new role within, or outside of, the company."

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